Here are the 10-Q quarterly reports from Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029 (AOMN) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow AOMN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AOMN filings page.
Angel Oak Mortgage REIT, Inc. (AOMD) reported a third-quarter net loss allocable to common stockholders of $16.673 million, or $0.72 per share, versus net income of $11.410 million, or $0.49 per share, a year earlier. Net interest income was $10.236 million compared with $10.180 million. Net unrealized results were a loss of $22.619 million, versus a gain of $11.280 million.
The company attributed the quarterly unrealized loss primarily to lower valuations of loans in securitization trusts, net of related non-recourse debt, and residential whole loans, partly offset by gains in hedging portfolios. For the first nine months, net loss was $20.699 million versus net income of $32.708 million; non-GAAP Distributable Earnings were $20.033 million versus $7.310 million.
During the quarter, Angel Oak bought $233 million of newly originated loans and HELOCs, with a 7.29% weighted-average coupon, 69.8% weighted-average combined loan-to-value ratio and 758 weighted-average credit score. An August securitization had approximately $221.4 million scheduled unpaid principal and included $71.4 million in loans contributed by the company. After quarter-end, it declared a $0.32-per-share dividend payable November 30, 2026, to holders of record November 23, 2026.
Angel Oak Mortgage REIT, Inc. is a mortgage REIT focused on first- and second-lien non-QM residential loans and related mortgage assets, largely sourced from affiliated originators. As of June 30, 2026, total assets were $2,991,512 (in thousands), including $2,132,720 (in thousands) of loans in securitization trusts and $438,790 (in thousands) of whole loans; stockholders’ equity was $234,865 (in thousands).
For Q2 2026 the company reported net income of $3,353 (in thousands), or $0.14 per basic and diluted share, but for the first six months it recorded a net loss of $4,025 (in thousands) versus income of $21,298 (in thousands) a year earlier, mainly from $18,052 (in thousands) of net realized and unrealized losses. Quarterly net interest income increased to $10,742 (in thousands). Year-to-date the company repurchased 1,794,353 shares for $15,000 (in thousands), paid $15,390 (in thousands) in common dividends, and funded portfolio growth and securitizations with $1,968,763 (in thousands) of non-recourse securitization debt, $364,599 (in thousands) of warehouse notes and $89,480 (in thousands) of senior unsecured notes.
Angel Oak Mortgage REIT, Inc. reported a net loss allocable to common stockholders of $7.4 million, or $(0.30) per share, for the quarter ended March 31, 2026, versus net income of $20.5 million a year earlier. Net interest income rose to $12.1 million from $10.1 million as the portfolio of residential mortgage loans and RMBS expanded. The loss was driven mainly by $14.3 million of net realized and unrealized losses on loans, securitization-related debt, and derivatives.
Total assets were $2.81 billion and stockholders’ equity was $256.9 million, with book value per share declining to $10.31 from $10.74 at year-end. Distributable Earnings, a non‑GAAP measure of core performance, were $4.6 million, up from $4.1 million. The company purchased $246.2 million of newly originated non‑QM loans and completed a $272.3 million securitization, using proceeds to repay warehouse debt and fund new originations. It paid a quarterly dividend of $0.32 per share and declared another $0.32 dividend after quarter‑end.
Angel Oak Mortgage REIT, Inc. filed its quarterly report for the period ended September 30, 2025, reporting net income of $11.4 million and total assets of $2.64 billion. Net interest income was $10.2 million, and basic and diluted EPS were $0.49 and $0.46, respectively.
Residential mortgage loans in securitization trusts were $1.86 billion, financed by a $1.73 billion non‑recourse securitization obligation (carrying value $1.73 billion). Notes payable rose to $342.6 million, senior unsecured notes were $88.8 million, and repurchase agreements were $54.0 million. Stockholders’ equity was $264.2 million.
During Q3, the company sold 1,061,578 shares via its ATM program for $10.1 million net and paid $7.8 million in common dividends. It exercised call rights on AOMT 2019‑2 and 2019‑4 and re‑securitized into AOMT 2025‑R1, generating $19.4 million cash and $7.3 million of loans held for sale. Available borrowing capacity across facilities was $707.4 million.